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Dentons and Clifford Chance Advise on PKO Bank Polski and EBRD Financing for 70-Megawatt Wind Portfolio

Dentons and Clifford Chance Advise on PKO Bank Polski and EBRD Financing for 70-Megawatt Wind Portfolio

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Dentons has advised PKO Bank Polski and the EBRD on providing debt financing for the construction of the 31.5-megawatt Grabkowo wind farm in Potegowo and operational support for the 37.5-megawatt Orla wind farm, both of which are operated by Eurowatt. Clifford Chance advised Eurowatt.

According to Dentons, "the transaction involved extending the EBRD's financial package to PLN 126.1 million (equivalent to EUR 29 million) and complementing it with a parallel loan from PKO Bank Polski. Both wind farms are operated by subsidiaries of the Eurowatt Green Energy Group, an international renewable energy producer with nearly 30 years of experience."

The Dentons team included Partners Tomasz Zwolinski, Piotr Nerwinski, Christian Schnell, and Marceli Kasperkiewicz, Counsel Pawel Dlugoborski, and Associates Mateusz Ciechomski, Jakub Olejniczak, Ewa Golabek, and Justyna Obniska.

The Clifford Chance team included Partners Andrzej Stosio and Pawel Puacz, Counsels Mateusz Chrusciak and Tomasz Szymura, Senior Associates Maksymilian Jarzabek, Wojciech Wator, Pawel Zawislak, and Marcin Markowski, and Associates Aleksandra Bialyszewska, Mateusz Leleno, Artur Gladysz, and Weronika Patzer.

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